Patel takes MultiChoice non-exec role
Imtiaz Patel, executive chair of African pay TV group MultiChoice, will be switching to a non-executive role in October 2020.
The announcement was made shortly after MultiChoice revealed it had added 1.2 million active subscribers in the first half of 2019 and had also upped its operating profit to R4.9bn (US$328m) from R4.1bn in the previous period.
MultiChoice said Calvo Mawela, the group’s current CEO, will assume “full executive responsibility” after Patel’s move.
Patel joined MultiChoice subsidiary SuperSport in 1999 and in March 2005 was appointed CEO.
He was named group CEO of MultiChoice South Africa in 2010. In October 2015, he became CEO of video entertainment for parent company Naspers and then MultiChoice executive chairman early this year.